Q3 retail earnings are underway. Initial takeaways:
- JC Penney's rebound looks troubled as the Plano based retailer posted a negative comp.
- Nordstrom is the only full line department store to post a positive year over year comp.
- Nordstrom's off-price offering Rack remains strong with TJ Maxx, Ross and Burlington up next for earnings.
Q2 Retail Earnings Recap can be found here.